The Keystone device, previously referred to in the past as Cobo Wallet, is a hardware wallet that is gaining popularity among individuals and institutions seeking secure ways to keep their crypto. The company was established on the 17th of January 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security, reliability, and convenience for its clients.
One of the major characteristics that is unique to the Keystone device is its air-gapped option meaning that it doesn’t need be connected to any online device. This extra layer of security guarantees that your money is safe from online threats, such as hacking or the phishing attack. It is also open source which means that the code is made accessible for inspection and review, further increasing the security of the device. Furthermore, the device can support multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether, and Tron, as well as several ETH, TRON, and EOS digital tokens.
The Keystone product is easy to use, with a large display screen , which makes it simple to view every asset. The hardware of the device is more durable than its rivals, meaning that it lasts for a long time. Additionally, the device has a detachable battery pack and this means the battery can be easily replaced if it is exhausted. The device also has an elegant and user-friendly interface that is usable to all experience levels.
The process of setting up the Keystone device is straightforward. First, the device is powered on and then the QR code is scan using the camera of the device on the Keystone website to authenticate the device. Then, a password is set and the terms of service are negotiated to. The 24 words seed phrase is then copied onto the booklet of seed phrases or another non-digital media. The seed phrase is vital for the security of the device therefore it is crucial to keep it safe and never taken in a photo or written on smartphone or computer.
The device is paired with the Keystone application that is available through the Apple App store or Google Play store. The app serves as an interface to approve and sign transactions, but it is crucial to remember that the device does not have internet connectivity. This extra layer of security ensures that your funds are secure even in the event that the phone is compromised.
In the end, Keystone is a great choice for storing Bitcoin. Keystone device is a safe and solid hardware wallet that provides an easy-to-use air-gapped option. It supports a variety of cryptocurrencies, an open-source firmware, and a user-friendly interface it is a great option for individuals and institutions looking to keep your Bitcoin offline. Its focus on security safety, reliability, and comfort and its single-stop shop for all things crypto, that supports 9 different coins with 700 tokens, as well as offering access to an integrated DApp store makes it an outstanding choice for anyone looking for hardware wallets.